Question

Individualized rewards by allowing each employee to choose the compensation package that best satisfies his or her current needs and situation are called ________.

A) variable pay programs
B) standardized benefits packages
C) employee recognition programs
D) employee involvement programs
E) flexible benefits plans

Answer 1

E. flexible benefits plans

Step-by-step explanation:

Flexible benefits plans -

It refers to the plans , which an employee can select by themselves which is perfect for their needs and requirement , is referred to as flexible benefits plans .

These plans include retirement plans , health insurance , mediclaims , etc.

And the people can select the plans as per their requirement .

Hence , from the given information of the question ,

The correct option is E. flexible benefits plans .